The following is interesting in today's announcement at the...

The following is interesting in today's announcement at the end:

The project is a joint venture (JV) with Bonython Metals Group (BMG). Under the joint venture Carpentaria is not required to contribute any expenditure during the proposed mine life, but will receive 20% of total output. On full production of 20mtpa shareholders profits from 4mpta of high-grade concentrate production at zero cost.
For BMG to continue in the JV, BMG must, before 15th May 2012, contribute $25m cash to Carpentaria and commence a definitive feasibility study. If BMG decides not to continue, the JV agreement states that if Carpentaria is approached by a third party with a bona fide offer to acquire all of BMG’s percentage share, then BMG must sell its percentage share to that party for consideration which is at least equal to the amount of the total cash contributions made by BMG to the project at that time.